I think the key is 'When did they take the money?' is it before traction or after traction. Yes, it would be stupid to not take money when it is cheap and you h

I think the key is 'When did they take the money?' is it before traction or after traction. Yes, it would be stupid to not take money when it is cheap and you have traction. If majority got funding before traction, that would indicate that VCs/angels are really good at evaluating teams.